Property News · December 13, 2019

Gaw Capital says Hong Kong protests have hit tenants of its neighbourhood mall portfolio, delayed renovations


Hong Kong private equity fund Gaw Capital Partners, which owns and operates 29 shopping centres and car parks in the city, said that the ongoing protests have hurt its tenants and renovation efforts.Gary Wong Chi-him, public affairs and marketing director at Gaw Capital, said that businesses at its malls have been hit since the start of the third quarter and “we will consider what discounts can be offered, [although] there is no one-off plan”.“Some tenants told me there were a lot fewer patrons…

Source : South China Morning Post
Read more…Gaw Capital says Hong Kong protests have hit tenants of its neighbourhood mall portfolio, delayed renovations

You may also like...